Honestly, I’ve been burned by this before. Thought I’d save a few bucks with a higher deductible, then my car got sideswiped in a parking lot. Suddenly that “extra” $500 wasn’t just sitting around. Had to dip into my rent money and it was a mess for weeks. Now I just look at what I can actually pay today, not what I hope I’ll have later. The peace of mind is worth the extra monthly cost for me.
Now I just look at what I can actually pay today, not what I hope I’ll have later.
That’s honestly the only way to do it. I tried to play “deductible roulette” once—thought I was clever until my ‘72 Charger got a door ding the size of a grapefruit. Suddenly, my “savings” vanished faster than a donut at Cars & Coffee. Peace of mind’s worth more than skipping a couple lattes, if you ask me.
Peace of mind’s worth more than skipping a couple lattes, if you ask me.
Yeah, I get that logic, but sometimes I look at the premium difference and wonder if I’m just paying extra for “what ifs.” Still, I’d rather not have to scramble for cash if something happens. Guess it’s all about risk tolerance... and maybe how much you like lattes.
Yeah, it really does feel like a gamble. I keep thinking, what are the actual odds I’ll need to use my insurance this year? But then again, last semester my friend got rear-ended and had to pay her whole deductible up front. She was not prepared for that at all. Made me rethink going for the highest deductible just to save a few bucks each month.
I guess it’s kind of like betting on yourself not to have bad luck, which is weird when you think about it. I’d rather have a little less spending money than be totally stressed if something goes wrong. Still, sometimes those premium differences seem huge for just a “maybe.” It’s tough to know what’s actually worth it...
Honestly, I get where you’re coming from, but I still lean toward the higher deductible. I just can’t justify those extra monthly costs when I’ve barely ever needed to file a claim. Maybe it’s just luck so far, but I’d rather keep more cash in my pocket and take my chances. If something happens, yeah, it stings, but for me the savings add up over time. Guess it depends how much risk you’re cool with.
